This course is a continuation of Econometrics I. It aims at introducing the theory (and practice) of regression on qualitative information, time series and panel data econometrics. It first makes an introduction to the basic concepts in qualitative information modelling such as dummy variable regression and binary choice models (LPM, Logit and Probit). Elementary time series models, estimations and tests for both stationary and non-stationary data will then be discussed. It also covers introductory pooled cross-sectional and panel data models. All of these theoretical concepts will also be complemented by computer lab practical using statistical packages such as STATA, EViews, PcGive, etc. applied on available Ethiopian/international data
After the completion of this course, students are expected to:
Understand the basic concepts in regression involving dummy independent and dependent variables;
Know the theory and practice of elementary time series econometrics;
Understand the motivation and estimation methods of simultaneous equation modelling;
Get introductory ideas on linear panel data models; and
Apply those theoretical concepts in estimation using statistical softwares.
- Teacher: Dr. Surafel Melak